Mumbai, Nov 7 — Macquarie’s Sandeep Bhatia has stated that if the current global AI boom turns into a bubble and eventually bursts, India could emerge as one of the biggest beneficiaries. Speaking on market trends, he noted that India’s strong IT services sector, cost-efficient talent pool, and rapidly expanding digital infrastructure position the country to capitalise on a shift away from overvalued AI stocks and unsustainable business models dominating Western markets.
Bhatia explained that a correction in the AI sector could drive global companies to focus on practical, scalable, and cost-effective technology solutions—an area where India excels. With its robust engineering workforce, startup ecosystem, and increasing investments in AI research and cloud services, India stands to gain from a more balanced tech landscape. He added that such a scenario could accelerate India’s role as a global tech hub and strengthen its long-term economic growth trajectory.
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